A Ginnie SVP allegedly leaked information regarding an agency issuer to a private-sector firm, breaking the rules. A referral was made to the DOJ, but nothing ever came of it. Details? There aren’t many.
Outlook for Wells’ participation in FHA market unclear; Biden signs legislation to improve VA appraisals; MBA calls for higher fee on mortgage assumptions; VA revises forms; FHA hosting webinar on quality assurance; Rural Housing Service updates program guidelines.
The House and Senate passed separate bills over the summer containing funding for the Department of Housing and Urban Development for the next fiscal year.
Ginnie eyeing permanent emergency credit facility for nonbanks; USDA to hold training sessions on Guaranteed Underwriting System; home equity among seniors hits new record; Ginnie plans temporary business outage; Mortgage Bankers Association rustles support for VA appraisal bill; USDA expands Native American Relending Pilot program.
The Mortgage Bankers Association called for FHA to have enough funding for it to better manage the risks associated with the Mutual Mortgage Insurance Fund.
Funding announced to rehabilitate certain veterans’ homes; Rural Housing Service announces regulatory waivers; share of Ginnie Mae home loans in forbearance rises; HUD to host pre-purchase counseling symposium; HUD schedules housing counseling advisory meeting; Ginnie to hold issuer training and listening session.
The Department of Housing and Urban Development’s latest regulatory agenda has more than a dozen items related to either FHA or tribal home loan programs, including some pending rulemakings.
Chair of the House Committee on Financial Services pledges support for housing-related funding; FHA plans webinar on manufactured housing; Ginnie Mae to hold training sessions for issuers; VA to award grants providing legal services to veterans at risk of homelessness; MISMO seeks comments on life-of-loan process model; USDA updates income limits for home loan program.